I do not have health insurance. What happens if I don’t get it?

The last day to sign up for health insurance for open enrollment in Minnesota’s MNsure is March 31. After that you will likely face a penalty based on your financial status. The following chart summarizes that tax.

You may qualify for an exemption from this penalty. Most exemptions are clear and highlighted in this flow chart, but some are not as clear and allow for some flexibility, such as the “Hardship exemption”. Check if you may qualify for the “hardship exemption”

What if I was not able to sign up earlier due to computer problems?

If you tried to enroll in MNsure, but could not complete your enrollment by the March 31, 2014 deadline, fill out this form and submit it no later than 11:59 PM on March 31, 2014. See FAQ about the March 31 enrollment deadline.

If you continue to have trouble enrolling, contact a healthcare navigator or broker to receive hands-on-help.

I get my healthcare coverage at work and I want to keep my current plan. Will I be able to do that? 

If you are receiving health insurance through your work, it will likely not change. However, your employer is not required to keep your current plan and has the right to change premiums, deductibles, co-pays and network coverage.

I own a small business. Do I have to offer coverage to my employees?

Navigate through this flowchart to quickly see if you must provide insurance.

Larger businesses are required to cover their workers and those that opt not to may pay a fee starting in 2016 – a two year delay from the previous deadline of 2014. If you have fewer than 50 full-time employees, you are not subject to this tax. Look here for detailed questions and answers about this tax.

If you have fewer than 25 full-time equivalent employees making an average of about $50,000 a year or less, you may qualify for a small business healthcare tax credit.

This information is provided for educational purposes only.  This is NOT legal advice.

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